{"id":88243,"date":"2022-08-26T11:38:42","date_gmt":"2022-08-26T06:38:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88243"},"modified":"2022-08-26T11:38:50","modified_gmt":"2022-08-26T06:38:50","slug":"saudia-invest-usd-1-bn-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/saudia-invest-usd-1-bn-pakistan.html","title":{"rendered":"Saudia to invest USD 1 bn in Pakistan"},"content":{"rendered":"\n<p>Islamabad: The Kingdom of Saudi Arabia (KSA) on Thursday (August 25) pledged to invest USD 1 billion in Pakistan, news sources reported. The investment has been made by the Saudi government under the bilateral trade agreement.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/pm-saudi-investors-opportunities-pak.html\" data-type=\"post\" data-id=\"86784\" target=\"_blank\" rel=\"noreferrer noopener\">PM invites Saudi investors to explore opportunities in Gwadar<\/a><\/p>\n\n\n\n<p>Reportedly, Foreign Minister (FM) Bilawal Zardari announced the news in a series of Tweets. According to the minister, Saudi King Salman bin Abdul Aziz has directed Saudi authorities to invest USD 1 billion in Pakistan as a form of mutual assistance to the Pakistani economy. The tweet went on to say,<\/p>\n\n\n\n<p>\u00a0\u201cPleased to have conversation with HH FM<a href=\"https:\/\/twitter.com\/FaisalbinFarhan?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1562759591934701568%7Ctwgr%5E9181388ebd864f18567a68ec2cb61d93a851b693%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.dawn.com%2Fnews%2F1706746\"> <strong>@FaisalbinFarhan<\/strong><\/a>. Recalling fraternal bilat. ties, welcomed KSA commitment of $1 billion invest. in Pakistan. Briefed my counterpart on damages caused by unprecedented floods, highly value solidarity expressed &amp; KSAs all possible assistance\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"twitter_widget_wrapper alia_embed_wrapper\"><div class=\"twitter_widget_border\"><!--ALIA start embed content--><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Pleased to have conversation with HH FM <a href=\"https:\/\/twitter.com\/FaisalbinFarhan?ref_src=twsrc%5Etfw\">@FaisalbinFarhan<\/a>. Recalling fraternal bilat. ties, welcomed KSA commitment of $1 billion invest. in Pakistan. Briefed my counterpart on damages caused by unprecedented floods, highly value solidarity expressed &amp; KSAs all possible assistance<\/p>&mdash; BilawalBhuttoZardari (@BBhuttoZardari) <a href=\"https:\/\/twitter.com\/BBhuttoZardari\/status\/1562759591934701568?ref_src=twsrc%5Etfw\">August 25, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><!--AliA end embed content--><\/div><\/div>\n<\/div><\/figure>\n\n\n\n<p>Furthermore, the minister stated that the Saudi government is also working to help flood victims in Pakistan who have been affected by the relentless rains.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/qatar-roosevelt-hotel-usd-3-in-pak.html\" data-type=\"post\" data-id=\"88227\" target=\"_blank\" rel=\"noreferrer noopener\">Qatar interested in running of Roosevelt Hotel, investing USD 3 in Pak<\/a><\/p>\n\n\n\n<p>It is worth noting that Pakistan has sought USD 1.7 billion from the International Monetary Fund (IMF) under the extended fund facility agreement. The government must acquire <a href=\"https:\/\/www.zameen.com\/news\/foreign-investments-increased-by-100-to-cross-usd-4-billion.html\" data-type=\"post\" data-id=\"40475\" target=\"_blank\" rel=\"noreferrer noopener\">USD 4 billion<\/a> from friendly Gulf counties for the IMF loan fund release. Pakistan has already secured USD 2 billion from Qatar, USD 1 billion from the UAE, and now USD 1 billion from Saudi Arabia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Kingdom of Saudi Arabia (KSA) on Thursday (August 25) pledged to invest USD 1 billion in Pakistan, news sources reported. The investment has been made by the Saudi government under the bilateral trade agreement.\u00a0 Read: PM invites Saudi investors to explore opportunities in Gwadar Reportedly, Foreign Minister (FM) Bilawal Zardari announced the news in a series of Tweets. According to the minister, Saudi King Salman bin Abdul Aziz has directed Saudi authorities to invest USD 1 billion in Pakistan as a form of mutual assistance to the Pakistani economy. The tweet went on to say, \u00a0\u201cPleased to have conversation with HH FM @FaisalbinFarhan. Recalling fraternal bilat. ties, welcomed KSA commitment of $1 billion invest. in Pakistan. Briefed my counterpart on damages caused by unprecedented floods, highly value solidarity expressed &amp; KSAs all possible assistance\u201d Furthermore, the minister stated that the Saudi government is also working to help flood victims in Pakistan who have been affected by the relentless rains. Read: Qatar interested in running of Roosevelt Hotel, investing USD 3 in Pak It is worth noting that Pakistan has sought USD 1.7 billion from the International Monetary Fund (IMF) under the extended fund facility agreement. The government must&hellip;<\/p>\n","protected":false},"author":84,"featured_media":64649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[53744,53745,53746],"persona":[],"class_list":{"0":"post-88243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-https-twitter-com-bbhuttozardari-status-1562759591934701568s20t8hs3xnizuzfwxazjozwbzq","9":"tag-investment-saudia-in-pakistan","10":"tag-saudia-investment","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudia to invest USD 1 bn in Pakistan - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Kingdom of Saudi Arabia (KSA) on Thursday (August 25) pledged to invest USD 1 billion in Pakistan, news sources reported. 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